RTNB (root9B Holdings) Receivables Turnover: 1.92 (As of Mar. 2017)


What is root9B Holdings Receivables Turnover?

root9B Holdings RTNB Receivables Turnover is 1.92 as of Mar. 2017.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. root9B Holdings's Revenue for the three months ended in Mar. 2017 was $2.65 Mil. root9B Holdings's average Accounts Receivable for the three months ended in Mar. 2017 was $1.38 Mil. Hence, root9B Holdings's Receivables Turnover for the three months ended in Mar. 2017 was 1.92.


root9B Holdings  (OTCPK:RTNB) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


root9B Holdings Receivables Turnover Related Terms


root9B Holdings Receivables Turnover Historical Data

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The historical data trend for root9B Holdings's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

root9B Holdings Receivables Turnover Chart

root9B Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.99 9.64 6.88 5.77 8.35

root9B Holdings Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 1.47 1.33 0.00 1.92

RTNB vs SYSX: Receivables Turnover Comparison

For the Information Technology Services subindustry, root9B Holdings's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


root9B Holdings Receivables Turnover vs Software Industry

For the Software industry and Technology sector, root9B Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where root9B Holdings's Receivables Turnover falls into.



root9B Holdings Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

root9B Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Receivables Turnover (A: Dec. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2016 ) / ((Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count )
=10.239 / ((0.788 + 1.665) / 2 )
=10.239 / 1.2265
=8.35

root9B Holdings's Receivables Turnover for the quarter that ended in Mar. 2017 is calculated as

Receivables Turnover (Q: Mar. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2017 ) / ((Accounts Receivable (Q: Dec. 2016 ) + Accounts Receivable (Q: Mar. 2017 )) / count )
=2.654 / ((1.665 + 1.098) / 2 )
=2.654 / 1.3815
=1.92

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.92 mean?
root9B Holdings (RTNB) has a Receivables Turnover of 1.92 as of Mar. 2017. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on root9B Holdings and its competitors.
Is root9B Holdings' Receivables Turnover too high?
root9B Holdings' current Receivables Turnover is 1.92. The Software industry median Receivables Turnover is 5.68. root9B Holdings' value of 1.92 is 66.2% below this industry median.
How does root9B Holdings' Receivables Turnover compare to SYSX?
root9B Holdings' Receivables Turnover of 1.92 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.68. root9B Holdings' value of 1.92 is 66.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Software company?
The median Receivables Turnover among Software companies is 5.68, based on 2,766 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. root9B Holdings's current Receivables Turnover of 1.92 is 66.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on root9B Holdings and its competitors. For the Software industry, the median Receivables Turnover is 5.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. root9B Holdings's current Receivables Turnover is 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is root9B Holdings stock overvalued right now?
root9B Holdings (RTNB) has a current Receivables Turnover of 1.92. The current Receivables Turnover is 1.92 and 66.2% below the Software industry median of 5.68. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For root9B Holdings (RTNB), the current Receivables Turnover is 1.92 as of Mar. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

root9B Holdings Business Description

Address 206 East Virginia Avenue, Phoenix, AZ, USA, 85004
root9B Holdings Inc is a provider of cybersecurity and business advisory services in regulatory risk mitigation. It designs and provides cybersecurity operations and solutions, risk mitigation services, compilation with complex regulations, and leverageable and integrated technology. The company provides its services through Cyber Solutions and Business Advisory Solutions segments. Cyber Solutions segment provides cyber operations assessments, analysis, and testing, to cyber training, forensics, exploitation, and strategic defense planning. It earns all its revenue from both of its segments.